Posto questa notizia, anche se non c'azzecca nulla con i T1 di Alpha e EFG. Solo per dire che è sbagliato fare di di tutta l'erba un fascio. In Grecia (come in ogni paese) ci sono le banche buone e quelle che vanno male. Ad es Emporiki Bank (controllata da Credit Agricole
![Eek! :eek: :eek:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
) ha perso 582 mln nel 2009.
Emporiki Bank Posts Losses Of 582.6 Mil. Euro In 2009
Emporiki Bank boosted its revenue but also extended its losses in 2009.
The bank said that the Group Net Banking Income in 2009 increased by 5% y-o-y to €751 million. Gross Operating Income increased by 41.4% y-o-y to €104.2 million and Group Net Losses amounted to €582.6 million, mainly due to the worsening macroeconomic environment and the alignment of risk management with Credit Agricole’s standards, the bank said Thursday.
On the liabilities side, Core Deposits were increased by 12% y-o-y.
Overall deposit volumes were narrowed by 16% y-o-y to €14.9 billion.
Loans marginally retreated to €22.7 billion (adjusted for write offs) at bank level versus €22.9 billion y-o-y.
In Q4 09, Group Net Banking Income was €199.2 million, 5% lower than in Q3, posting though a 3% increase q-o-q if calculated pro forma for nonrecurring items. Group Net Interest Income showed an increase by 6% q-o-q to €154.6 million, mainly following the improvement of the deposit mix and the constant monitoring of loans portfolio, despite the adverse economic environment.
Emporiki Bank’s Vice-Chairman and CEO Alain Strub, made the following statement: “The financial results of 2009 confirm that Emporiki is moving in line with the Restructuring and Development Plan 2009-2013, according to which the bank will return to profitability in 2011. The rationalization of our network, the improvement of our loan portfolio and deposit mix and the implementation of new credit control and collection processes have started to deliver results in the right direction. At the same time, Emporiki is ready to tackle the challenges ahead with the strong support of Credit Agricole, our majority shareholder, which has committed to fully subscribe to the forthcoming Share Capital Increase of €1 billion, thus securing the liquidity and capital efficiency of Emporiki, in a period of time when these assets are invaluable for the economy and the banking sector”.